The Dangote Petroleum Refinery has issued a statement to address allegations regarding payments from the Independent Petroleum Marketers Association of Nigeria (IPMAN) for refined petroleum products.
According to Anthony Chiejina, Group Chief Branding and Communications Officer, Dangote Refinery has not received any payments from IPMAN.
Although discussions are ongoing, the refinery emphasizes that it has no direct business dealings with IPMAN.
“The payment in question was made through the Nigerian National Petroleum Company Limited (NNPCL), not us,” Chiejina stated.
Dangote Refinery also clarified that NNPCL has not authorized it to release Premium Motor Spirit (PMS) to IPMAN.
The refinery reassured the public of its capacity to meet the nation’s demand for petroleum products, including petrol, diesel, and aviation fuel. Currently, it can load 2,900 trucks per day and evacuates products by sea.
“We advise IPMAN to register with us and make direct payments,” Chiejina said. “We have more than enough petroleum products to satisfy their members’ needs.” The statement read.
Dangote Refinery urged stakeholders to refrain from making unfounded statements, emphasizing the need for collaboration and a unified approach.
“Conducting business through public speculation is counterproductive and unpatriotic,” Chiejina noted.
The statement aligns with President Bola Ahmed Tinubu’s economic re-engineering efforts, promoting a harmonious and productive business environment.
In response to IPMAN’s claims, industry experts have called for transparency and direct engagement between stakeholders.
“The clarification by Dangote Refinery is a step towards resolving the issue,” said an industry analyst. “IPMAN should engage directly with the refinery to resolve any payment disputes.”
The development comes as Nigeria’s downstream sector continues to evolve, with key players seeking to strengthen relationships and improve the supply chain.
As the Dangote Refinery ramps up production, its capacity to meet national demand is expected to significantly impact the country’s energy landscape.
The refinery’s call for collaboration and direct engagement is seen as a positive step towards promoting a stable and efficient petroleum market in Nigeria.
Comment here